0001171843-15-002085.txt : 20150421
0001171843-15-002085.hdr.sgml : 20150421
20150421191806
ACCESSION NUMBER: 0001171843-15-002085
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20150421
FILED AS OF DATE: 20150421
DATE AS OF CHANGE: 20150421
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: AKORN INC
CENTRAL INDEX KEY: 0000003116
STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834]
IRS NUMBER: 720717400
STATE OF INCORPORATION: LA
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1925 W. FIELD COURT, SUITE 300
CITY: LAKE FOREST
STATE: IL
ZIP: 60045
BUSINESS PHONE: 847-279-6100
MAIL ADDRESS:
STREET 1: 1925 W. FIELD COURT, SUITE 300
CITY: LAKE FOREST
STATE: IL
ZIP: 60045
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Silverberg Mark M
CENTRAL INDEX KEY: 0001365174
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32360
FILM NUMBER: 15784102
MAIL ADDRESS:
STREET 1: 2500 MILLBROOK DRIVE
CITY: BUFFALO GROVE
STATE: IL
ZIP: 60089
4
1
gff4_silverberg042115.xml
OWNERSHIP DOCUMENT
X0306
4
2015-04-21
1
0000003116
AKORN INC
AKRX
0001365174
Silverberg Mark M
1925 WEST FIELD COURT SUITE 300
LAKE FOREST
IL
60045
0
1
0
0
Exec VP, Ops Global QA&TechSrv
Common Stock
2015-04-21
4
M
0
60000
2.61
A
285522
D
Common Stock
2015-04-21
4
S
0
29000
55.00
D
256522
D
Stock Options (Right to Buy)
2.61
2015-04-21
4
M
0
60000
0.00
D
2015-05-21
Common Stock
60000
0
D
This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 3, 2015. Upon execution of the transaction disclosed on this Form 4, all securities subject to the 10b5-1 trading plan have been transacted and the plan has expired pursuant to its terms.
Proceeds from the sale were used to pay exercise price and taxes due upon exercise of options.
Amount of Shares Beneficially Owned Following Reported Transaction includes 22,535 unvested shares subject to restricted stock awards and 233,987 shares owned outright.
The option vested in three annual installments with 20,000 options vesting on May 21, 2011, May 21, 2012 and May 21, 2013.
There was no consideration given in exchange for the security.
/s/ Mark M Silverberg
2015-04-21